In millions, except per share items | Mar-31-23 | Jun-30-22 | Mar-31-22 | Dec-31-21 | Sep-30-21 | Jun-30-21 | Mar-31-21 | Dec-31-20 |
| 10-Q | 10-Q | 10-Q | 10-K | 10-Q | 10-Q | 10-Q | 10-K |
Interest income | 38.0 | 35.3 | 41.9 | 44.4 | 34.2 | 29.3 | 26.9 | 25.9 |
Interest expense | -42.2 | 8.2 | -2.7 | 2.0 | 1.6 | 1.6 | 1.9 | 2.0 |
Net interest (expense) income | 33.8 | 27.1 | 39.2 | 42.4 | 32.6 | 27.7 | 24.9 | 23.9 |
|
Realized losses on mortgage-backed securities | | | | | | | | |
Unrealized gains (losses) on mortgage-backed securities and U.S. Treasury Notes | | | | | | | | |
(Losses) gains on derivative and other hedging instruments | | | | | | | | |
Net portfolio income (loss) | | | | | | | | |
Management fees | | | | | | | | |
Allocated overhead | | | | | | | | |
Incentive compensation | 0.5 | 0.3 | 0.2 | 0.2 | 0.3 | 0.3 | 0.4 | 0.2 |
Directors' fees and liability insurance | 0.3 | | 0.3 | | | | | |
Audit, legal and other professional fees | 0.5 | 0.3 | 0.3 | 0.3 | 0.2 | 0.3 | 0.3 | 0.2 |
Direct REIT operating expenses | 0.2 | | 0.3 | | | | | |
Other administrative | 0.4 | 0.3 | 0.1 | 0.1 | 0.1 | 0.4 | 0.1 | 0.2 |
Total expenses | 5.0 | | 4.4 | | | | | |
Net income (loss) | 3.5 | | -148.7 | | | | | |
|
Basic and diluted net income (loss) per share (in dollars per share) | $0.09 | ($0.34) | ($4.20) | ($0.35) | $0.20 | ($0.17) | ($0.34) | $0.25 |
|
Weighted Average Shares Outstanding (in shares) | 38.5 | 177.0 | 35.4 | 121.1 | 128.6 | 99.5 | 85.3 | 67.2 |
|
Dividends declared per common share (in dollars per share) | $0.48 | $0.14 | $0.78 | | $0.20 | $0.20 | $0.20 | |